DEA, FBI seize $10 million in cryptocurrency 'directly linked to the Sinaloa cartel'

The Justice Department reported that in Florida, over $10 million in cryptocurrency linked to the Sinaloa cartel has been confiscated as part of nationwide drug raids initiated during the second term of President Donald Trump.

Since January 20, officials from the Drug Enforcement Administration disclosed the seizure of roughly 44 million fentanyl pills, 4,500 pounds of fentanyl powder, close to 65,000 pounds of methamphetamine, over 201,500 pounds of cocaine, and the execution of more than 2,105 fentanyl-related arrests.

According to the Justice Department, in Miami, Florida, the DEA, working alongside FBI partners, successfully seized over $10 million in cryptocurrency directly connected to the Sinaloa cartel, with the operation occurring recently.

Attorney General Pam Bondi said the DEA agents “are doing historic work to keep our communities safe from deadly drugs like fentanyl and dismantle the cartels selling them.” 

A DEA logo

A logo reading “DEA Special Agent” is pictured in the Office of the U.S. Drug Enforcement Administration in May 2019 in New York City. (Johannes Eisele/AFP via Getty Images)

The Justice Department said that during the raids, methamphetamine was found hidden in a “truckload of cucumbers” and a “refrigerated truck carrying blueberries.” 

Ovidio Guzman Lopez

Ovidio Guzman Lopez, son of “El Chapo”, right, and a head of the Sinaloa Cartel, recently pleaded guilty to federal drug charges in Chicago.  (Getty Images)

The operations unfolded from coast to coast, including in the states of California, Arizona, Texas, Nebraska, Minnesota, Indiana, Kentucky, South Carolina, Georgia and Florida. 

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